Thursday, December 6, 2012

It's that time again

December 6, 2012

Mogambo Guru

It's that time again

These are, indeed, times that
try men's souls.To such a profound
revelation, some would perhaps delightedly say "Indeed,
Mogambo!"Perhaps you, too, are
inclined to say "Well said, Mogambo! Thou art truly the greatest of
writers, who can, with a mere fillip of prose or punctuation, turn a such
simple phrase into immortal, graceful poetry, and anybody who criticizes you is
an idiot and a jealous, loudmouth, know-nothing halfwit who wouldn't know true
writing talent if it came up to them and took a whiz on their shoes!"

If so, I have to confess that I
did not, alas, write it. But thanks, anyway.

That famous phrase is from, as
it turns out, Thomas Paine, who used it in his "The American Crisis."

He actually wrote Cached - SimilarYou +1'd this publicly. Undo"These are the times that try men's souls," so you can see how I vastly improved upon
this Paine guy by cleverly inserting the word
"indeed," brilliantly using a couple of commas, and deftly removing
the "the."

This, I am sorry
to say, however novel and clever I hope it is, is sadly indicative of the
woefully low level of personal creativity that I display these days, probably
contributing to my appallingly "relaxed" attitude towards blatant, outright
plagiarism.

In my own
defense, please remember that what I admittedly lack in talent or professional
ethics, I make up for with other, perhaps more endearing, qualities.

I mean, who can deny my sheer, screaming
paranoia?And with that, I throw in --
for free! -- a howling, homicidal anger, and an incoherent, blubbering
blood-thirst for awesome revenge against the treachery and betrayal of America
by legions of greedy, smug morons for the last half century, ranging from the
lowliest leftist voter thinking the government is there to "help
people," up through the vast, expansive realms of "We're helping
everyone, and borrowing ourselves into bankruptcy to do it" governments,
and, perhaps most painful of all to see, up through the awful Supreme Courts.

All of these
inexcusable dimwits are totally ignorant of the Constitution of the United
States literally requiring that money shall be ONLY gold and silver
specifically so that the money supply can't grow, thus preventing any inflation
in the money supply, thus preventing the emergence of inflation in prices, and
thus also preventing unsustainable, bankrupting bubbles in sectors like housing
bubbles, stock market bubbles, bond market bubbles, size of government bubbles,
size of debt bubbles, number of government dependents bubbles, and the entire,
total tonnage of pure economic stupidity and simpleminded sophistry espoused by
loathsome neo-Keynesian econometric halfwits like Alan Greenspan and Ben
Bernanke and every other worthless butt-wipe who works, or ever worked, at the evil
Federal Reserve, and the overwhelming proportion of the nation's colleges and
universities, all of whom I blithely brand as a clot of clownish, intellectually-impoverished,
poseur dimwits who see NOTHING wrong with ANY of this monetary and fiscal
absurdity, when it is perfectly, blazingly, blatantly obvious that there is absolutely
nothing right about it, and that is why it is a total failure and has achieved
such disastrous results,Decade after
freaking decade! Dimwits all!

Whew! I pause to
catch my breath, surprised at the raw anger pouring out of me, perhaps borne of
fear that my wife will notice that I took a lousy twenty bucks from her purse
when she, foolishly, was not keeping an eye on it, like I am personally to
blame for her lack of responsibility and need to go to the bathroom.

Or perhaps I am
upset about how the time is soon coming for rioting mobs of desperate people
frantically flooding through the streets, their money inflated to
worthlessness, ruined financially, economic zombies, looking for a handout and
someone to blame for their plight, all because the evil Federal Reserve under
the satanic Alan Greenspan, from 1987 to 2006, started the bank's treacherous
trend of creating so incredibly much, so astonishingly much, so tragically too,
too much money and credit, based on the sorry excuse of error-filled equations
in worthless neo-Keynesian econometric lunacy.

And then these
angry, desperate people, making the mistake of their lives, will think to
themselves "Hey! That Irritating Mogambo Moron (IMM) was right!If we had invested in gold, silver and oil
like he said to do, we would be rich, instead of being poor and wretched!Let's go over to his house, attack his stupid
Mogambo Bunker Of Doom (MBOD), and if any of us survive the assault, we can
split the gold and silver, and any leftover ammunition, we find inside!"

Through the
periscope of the bunker I will, of course, see them coming. As they reach the
perimeter that I have arbitrarily and secretly designated, I will give the
klaxon a mighty, high-decibel blast, and the PA system will blare
"Intruder alert! Intruder alert!", all of which has a very, very
intimidating effect, as I found out the hard way when I came home one night,
staggering from another alcohol-related incident, accidentally tripped the
alarms and, just as accidentally, peed in my pants I was so startled and
scared!

Well, it sure
made a lasting impression on me! And on the family and neighbors, too, who came
out to see what the fuss was about, and they saw me, and they laughed at me,
mocking me, their insulting jeering and jabbering cutting through me like a Red
Hot Knife Of Shame (RHKOS), yet they turn around the very next day and wonder
why I hate them so much!Stupid or what,
huh?

Anyway, through
the Mogambo Communication Portal (MCP), I will ask them "What do you want,
or shall I startle you once again?"They will say "We want you to give us some dry pants and some clean
underwear; we peed all over ourselves here! And we want all your gold and
silver, too, so that we can buy ourselves some food and get some nice clothes
that haven't been slept in or peed in!"

I, of course,
will say "No. But as true Democrats, you got the attitude down
perfectly!"

After a lot of
flustering and blustering, stumbling about in their confused stupidity, I will
ask "Are you the same people who think that an idiocy like 'government
deficit-spending to make up for lack of private spending because everybody is
bankrupted under a massive load of debts, which is why they stopped spending'
could possibly, possibly, ever in a million jillion years, work, when it never,
ever has? Are you they? Is you them? Which or neither? Answer me! Now!"

Of course they
will say "What? Uh, no, we are not those people, we don't think!"I will laugh at them, and reply with a
twinkle of amused merriment in my voice, "Are you telling me that you
instantly, intuitively understand, like normal people with even half a brain,
that a constant freaking flood of new, government money disastrously distorts
an already distorted, government-centric economy, making a normal recovery
totally, completely impossible, as seemingly proved --proved! -- because nobody
has ever, EVER heard of a case, in all these thousands of years of history, of
robust private demand, despite cancerous over-indebtedness (and impending
pandemic bankruptcy) somehow, perhaps magically, growing to replace the
artificial demand created with massive government deficit-spending of new fiat money?"

Having
accumulated a lot of experience over the years, educating a lot of people about
the inflationary horrors of allowing the Federal Reserve to create so much
excess money and credit, and how you would have to be an idiot not to be buying
gold and silver, I recognize that this is when the average person says
"Huh? What? I don't understand!", as does, obviously, Ben Bernanke.

Don't believe me?
Then find out for yourself! Call the Federal Reserve in Washington, D.C., and
when they answer the phone, say "I want to ask that big butthead Ben Bernanke
if he has ever heard of a case of robust private demand, despite
over-indebtedness, replacing the artificial demand of massive government
deficit-spending?Now, put him on the
line, and make it snappy, will ya? I ain't got all day!"

Go ahead! Call!I'm betting that, like when I called and
asked them this same question, they put you on hold and never picked up the
call, or you were mysteriously disconnected when you called them back, over and
over, getting more angry each time to helpfully let their Customer Service
Department know how angry I am about Bernanke ducking my calls, probably
because Bernanke DOES think this stupid crap!Thus, it's proved, I tells ya! Proved! If he's innocent, why doesn't he
come forward and deny it?

And that interesting-yet-terrifying
tidbit of news is just another teensy, tiny clue to buy gold, silver and oil.
All the other zillions of wonderful reasons to buy gold, silver and oil have
4,500 years of history backing them up.

And with evidence
like that, against the foolish thinking of a guy who won't even answer the
phone, what can one say except "Whee! This investing stuff is easy!"?

About Me

The Mogambo Guru
Richard Daughty (Mogambo Guru) is general partner and COO for Smith Consultant Group, serving the financial and medical communities, and the writer/publisher of the Mogambo Guru economic newsletter, an avocational exercise to better heap disrespect on those who desperately deserve it. The Mogambo Guru is quoted frequently in Barron's, The Daily Reckoning , and other fine publications. For podcasts featuring the Mogambo.